Traditional signalOffchain source
What drives the price?
Earnings, macro data, interest rates, dividends, market liquidity, and news still drive the reference asset.
U.S. equities, FX and commodities—onchain
Onchain TradFi Trading
Research the U.S. market, then understand where eligible international users can trade blockchain-settled stock CFDs, equity perpetuals, index markets, FX, and commodities—without confusing price exposure with share ownership.
REFERENCE MARKETSStocks · FX · Commodities
01CFDs & perpsPrice exposure
02Onchain settlementWallet collateral
01
Traditional markets, blockchain rails
Onchain TradFi trading brings familiar market exposure into wallet-based trading and settlement.
These venues let traders post crypto or stablecoin collateral and open positions tied to assets such as NVIDIA, Apple, the S&P 500, EUR/USD, gold, or crude oil. Orders, margin, and settlement may be handled partly or fully through blockchain infrastructure, while pricing and hedging often connect back to traditional exchanges, market-data feeds, brokers, or professional market makers.
The overlap with a stock-market research site is direct: the earnings, valuation, news, technical levels, market hours, dividends, and corporate actions of the underlying U.S. company still matter. What changes is the instrument used to express the trade and the infrastructure that holds collateral and settles P&L.
Onchain executionNew risk layer
What drives the contract?
Oracle design, order-book or RFQ liquidity, funding, collateral, liquidation rules, and smart contracts determine the trade experience.
02
Stock ownership vs. tokenized stock vs. onchain derivative
The ticker can look identical while the legal rights and risk profile are completely different.
| Feature | Brokerage share | Tokenized stock | CFD / perpetual |
|---|---|---|---|
| What you hold | A security recorded through a broker or transfer agent | A token with rights defined by its issuer documents | A margined contract referencing a market price |
| Share ownership | Yes | Depends on the legal structure; often economic exposure rather than registered shares | No |
| Dividends and voting | Shareholder rights apply | Issuer terms determine treatment | Usually reflected through pricing, funding, or adjustments—not shareholder rights |
| Leverage | Broker and account dependent | Usually unlevered unless used as collateral | Common; liquidation risk can be substantial |
| Settlement and custody | Broker, exchange, clearinghouse, and custodian | Blockchain token plus issuer, broker, and custodian structure | Blockchain collateral and settlement plus venue, oracle, and liquidity design |
| Main extra risk | Broker/custody and market risk | Issuer, backing, redemption, and smart-contract risk | Liquidation, funding, oracle, counterparty/liquidity, and smart-contract risk |
A stock symbol is not proof of stock ownership.Before trading, identify the legal instrument, counterparty or issuer, pricing method, collateral, liquidation rules, and treatment of dividends and corporate actions.
03
Research popular U.S. equity reference markets
These heavily followed stocks appear across one or more onchain TradFi venues; exact listings change.
NVDANVIDIAMarket data & research →AAPLAppleMarket data & research →TSLATeslaMarket data & research →MSFTMicrosoftMarket data & research →AMZNAmazonMarket data & research →METAMeta PlatformsMarket data & research →PLTRPalantirMarket data & research →COINCoinbaseMarket data & research →
A venue listing may pause, delist, change leverage, or apply special rules around earnings, dividends, splits, market closes, and price gaps. Confirm the live contract before using research from the underlying stock page.
04
Compare onchain TradFi venues
Equity-first providers appear first, followed by broader global-macro derivatives protocols.
Reviewed 2026-08-157 venuesNo paid placementsNot ranked
| Venue | U.S. equity exposure | Other TradFi markets | Access note |
|---|---|---|---|
| CarbonRWA CFDs · Crypto perpetuals | Broad selection of U.S. stock reference markets | Stock indices, FX, metals, energy commodities and crypto | Non-U.S. persons only; sanctioned and other restricted territories are excluded |
| Ondo PerpsEquity perpetuals · ETF perpetuals | Leading U.S. stocks and ETFs | Precious metals and other commodity reference markets | Available outside the U.S., subject to jurisdictional and other restrictions |
| trade[XYZ]HIP-3 perpetuals | U.S. equity perpetual markets through the XYZ HIP-3 DEX | Commodities, the licensed S&P 500 perpetual and crypto markets | The interface excludes the U.S. and other restricted or sanctioned jurisdictions |
| OstiumRWA perpetuals | A curated group of U.S.-listed stocks and ETFs | Global indices, FX, metals, energy commodities and crypto | The official interface excludes the U.S., U.K., E.U., and other restricted territories |
| gTrade by Gains NetworkLeveraged synthetic trades | Selected U.S. stocks plus equity and sector index products | Major, minor and exotic FX; metals; commodities; indices; crypto | Stock trading is unavailable in the U.S. and OFAC-sanctioned regions |
| VariationalPerpetuals · Options · Custom OTC derivatives | Protocol supports equity reference markets where reliable pricing is available | Crypto, commodities, and other configurable reference assets | U.S. persons and other defined Restricted Persons are excluded |
| AvantisRWA perpetuals | Index exposure; broader individual-equity coverage remains an expansion area | FX, gold, silver, oil, stock indices and crypto | Interface and jurisdictional restrictions apply; verify current terms before connecting |
01Broad U.S. stock and macro selection
Carbon
Combines crypto perpetuals with real-world-asset CFDs for stocks, indices, foreign exchange, and commodities in one self-custodial interface.
View Carbon's NVDA market- U.S. equities
- Broad selection of U.S. stock reference markets
- Examples
- NVDA, AAPL, TSLA, MSFT, AMZN
- Other markets
- Stock indices, FX, metals, energy commodities and crypto
- Execution model
- Intent- and solver-based execution with hedging across crypto venues and TradFi brokers
- Settlement
- Peer-to-peer smart-contract settlement through the SYMMIO protocol
- Market hours
- Market-specific; check the live market ticket and reference-price rules
- Eligibility
- Non-U.S. persons only; sanctioned and other restricted territories are excluded
02Equity perps plus tokenized-stock collateral
Ondo Perps
An equity-focused perpetual platform for eligible non-U.S. users, designed to connect U.S. stock and ETF price exposure with tokenized securities and stablecoin collateral.
- U.S. equities
- Leading U.S. stocks and ETFs
- Examples
- AAPL, NVDA, TSLA, MSFT, QQQ
- Other markets
- Precious metals and other commodity reference markets
- Execution model
- Perpetual futures with stablecoin and tokenized-security collateral support
- Settlement
- Non-custodial execution and settlement infrastructure on Ondo Network
- Market hours
- Designed for 24/7 trading, including outside traditional exchange hours
- Eligibility
- Available outside the U.S., subject to jurisdictional and other restrictions
03Hyperliquid-based equity and index perps
trade[XYZ]
A non-custodial interface for XYZ and other HIP-3 perpetual markets on Hyperliquid, including equity, commodity, and index reference markets.
Visit trade[XYZ]- U.S. equities
- U.S. equity perpetual markets through the XYZ HIP-3 DEX
- Examples
- U.S. equities, S&P 500, WTI oil
- Other markets
- Commodities, the licensed S&P 500 perpetual and crypto markets
- Execution model
- Onchain order-book trading with operator-defined oracles, leverage limits, and market parameters
- Settlement
- HyperCore on the Hyperliquid blockchain
- Market hours
- Equity markets can trade off-hours using internal price-discovery rules and bounds
- Eligibility
- The interface excludes the U.S. and other restricted or sanctioned jurisdictions
04Stocks, ETFs, FX and commodities
Ostium
Provides onchain perpetual price exposure across stocks, ETFs, commodities, indices, forex, and crypto, with positions collateralized and settled in USDC.
Visit Ostium- U.S. equities
- A curated group of U.S.-listed stocks and ETFs
- Examples
- AAPL, NVDA, MSFT, TSLA, TLT
- Other markets
- Global indices, FX, metals, energy commodities and crypto
- Execution model
- Request-for-quote execution, oracle pricing, an onchain vault, and offchain institutional hedging
- Settlement
- USDC collateral and smart-contract settlement on Arbitrum
- Market hours
- Stocks follow U.S. equity hours; other asset classes follow their reference-market schedules
- Eligibility
- The official interface excludes the U.S., U.K., E.U., and other restricted territories
05Multi-chain leveraged stock and macro markets
gTrade by Gains Network
Offers leveraged synthetic price exposure across stocks, equity index products, forex, commodities, and crypto through the Gains Network protocol.
Visit gTrade- U.S. equities
- Selected U.S. stocks plus equity and sector index products
- Examples
- AMZN, TSLA, NFLX, SPY, QQQ
- Other markets
- Major, minor and exotic FX; metals; commodities; indices; crypto
- Execution model
- Oracle-priced positions backed by protocol liquidity and collateral
- Settlement
- Stock markets documented on Arbitrum, Base, and Solana
- Market hours
- Stocks follow the underlying U.S. market schedule and can gap while closed
- Eligibility
- Stock trading is unavailable in the U.S. and OFAC-sanctioned regions
06Custom and institutional-style derivatives
Variational
Provides infrastructure for peer-to-peer derivatives, including Omni perpetuals and customizable bilateral derivatives through Variational Pro.
- U.S. equities
- Protocol supports equity reference markets where reliable pricing is available
- Examples
- Equity derivatives, Commodity derivatives
- Other markets
- Crypto, commodities, and other configurable reference assets
- Execution model
- Request-for-quote trading with isolated onchain settlement pools and protocol margining
- Settlement
- Onchain clearing and settlement with offchain pricing and execution services
- Market hours
- Contract- and application-specific
- Eligibility
- U.S. persons and other defined Restricted Persons are excluded
07FX, metals and index exposure on Base
Avantis
A cross-asset leverage protocol focused on crypto and global macro markets, including forex, metals, commodities, and stock-index exposure.
Visit Avantis- U.S. equities
- Index exposure; broader individual-equity coverage remains an expansion area
- Examples
- SPY, NASDAQ, Gold, EUR/USD
- Other markets
- FX, gold, silver, oil, stock indices and crypto
- Execution model
- Synthetic leveraged positions against USDC market-making liquidity
- Settlement
- Self-custodial smart-contract trading on Base
- Market hours
- Asset-specific, with oracle and price-gap controls for real-world markets
- Eligibility
- Interface and jurisdictional restrictions apply; verify current terms before connecting
Directory methodology
Inclusion requires first-party documentation of live or publicly launched onchain derivatives tied to U.S. equities or other traditional markets. Equity-focused venues are presented before macro-only protocols. We do not rank safety, execution quality, liquidity, or returns. Pair counts and leverage are intentionally omitted because they change quickly; follow the official sources for current contract specifications.
05
International does not mean available everywhere
Product eligibility is based on the user, jurisdiction, interface, and instrument—not simply wallet access.
Check your residence
Read the current restricted-country and restricted-person definitions for the exact interface.
Check the instrument
A venue may allow crypto perps in a country while restricting stock CFDs, equity perps, or tokenized securities.
Do not bypass controls
Do not use a VPN, alternate wallet, or other method to evade eligibility screening or local law.
Check tax treatment
Derivative P&L, funding, token collateral, and wallet transfers may have different reporting rules by country.
“International users” on this page means potentially eligible users outside the United States—not every non-U.S. resident. This directory does not determine whether a product is lawful or appropriate for you. Consult the venue terms and qualified local advisers where needed.
06
What to check before opening a position
The underlying stock thesis is only one part of an onchain derivatives trade.
Contract and payoff
Confirm whether the product is a CFD, perpetual, future, option, token, or another bilateral contract.
Reference price
Understand the oracle, index components, off-hours pricing, mark price, and dispute process.
Funding and carry
Model funding, rollover, spreads, execution fees, gas, and the cost of holding through market closures.
Liquidation and gaps
Check maintenance margin, leverage caps, stop-loss behavior, and what happens after an overnight or weekend gap.
Corporate actions
Review how dividends, splits, mergers, trading halts, and symbol changes affect open positions.
Collateral and solvency
Identify where collateral sits, who supplies liquidity, how hedging works, and how bad debt is handled.
Smart contracts and keys
Review audits, admin controls, upgradeability, bridge dependencies, and wallet-recovery practices.
Eligibility and recourse
Know the contracting parties, governing terms, restricted locations, and what recourse exists after a dispute.
This page is educational and informational only. It does not endorse a venue or product and is not legal, tax, or investment advice. Leveraged derivatives can lose all posted collateral and may create additional obligations depending on the contract. Read official terms and our site disclaimer.
07
Onchain TradFi trading FAQ
Direct answers to common questions about stock CFDs, equity perps, and international access.
What is onchain TradFi trading?
Onchain TradFi trading uses blockchain-based collateral and settlement to trade products whose prices reference traditional markets such as U.S. stocks, stock indices, foreign exchange, metals, and energy commodities. The most common products are CFDs, perpetual contracts, and tokenized assets.
Can international users trade U.S. stocks onchain?
Eligible users in some non-U.S. jurisdictions can obtain onchain exposure to U.S. equities through stock CFDs, equity perpetuals, or tokenized-stock products. Availability is not universal and depends on the venue, product, user location, and local law.
Is an equity perpetual the same as owning the stock?
No. An equity perpetual is a derivative that references the stock price. It does not make the trader a shareholder and normally does not provide voting, dividend, or insolvency rights associated with owning a registered share.
What is the difference between an onchain CFD and a perpetual?
Both provide derivative price exposure without ownership. A CFD is generally a contract to exchange the price difference with a counterparty or liquidity provider. A perpetual is a margined derivative without a fixed expiry that commonly uses funding or carrying-cost mechanics. Venue terminology and contract terms vary.
Are onchain U.S. stock markets open 24/7?
Some venues allow continuous price discovery, while others follow the underlying U.S. exchange schedule. Off-hours markets can use internal pricing, bounds, or stale external reference prices and may have thinner liquidity. Positions can still face funding, gaps, or liquidation risk.
Do stock CFDs and perpetuals pay dividends?
They do not give the trader a shareholder dividend right. A venue may incorporate dividends and other corporate actions through mark-price adjustments, funding, cash adjustments, or contract rules. Review the exact methodology before opening a position.
Can I use a VPN if a venue is unavailable in my country?
No. Do not bypass geographic or legal restrictions. Several venue terms expressly prohibit VPNs or other tools used to evade access controls. Confirm that both the interface and the product are lawful and available where you reside.
What is TradFi vs. DeFi?
TradFi relies mainly on financial institutions, regulated venues, and private ledgers. DeFi relies mainly on blockchain networks and smart contracts. Onchain TradFi derivatives combine traditional-market reference prices with DeFi-style collateral or settlement.